SpaceX has unveiled plans to go public in the United States, releasing its investor prospectus on Wednesday and disclosing financial details for the first time.

Elon Musk’s rocket and satellite company is set to list on the Nasdaq under the ticker “SPCX” at an estimated valuation of about $1.75 trillion, with a potential listing date of 12 June.

The company is also targeting up to $80 billion in investment.

The world’s leading rocket manufacturer, which holds major contracts with the US government, had confidentially filed for an initial public offering last month. That filing allowed for a period of regulatory review before its full details were made public.

“Our mission is to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars,” SpaceX declared in its filing.

Since its founding in 2002, SpaceX has grown into the most valuable asset in Elon Musk’s sprawling tech portfolio. Its upcoming initial public offering is also expected to significantly boost the world’s richest man’s wealth, potentially pushing him closer to becoming a trillionaire from a current net worth of $807 billion, according to Forbes.

The Wednesday disclosure offered a rare look into SpaceX’s typically opaque finances, revealing heavy spending on artificial intelligence and capital expenditure exceeding $20 billion last year, compared with $18.7 billion in revenue for 2025.

It also showed the company posted a loss of more than $4.2 billion in the first quarter of 2026.

The prospectus further highlighted the strength of its connectivity business, which includes Starlink.

That segment generated over $3.2 billion in revenue between January and March 2026 alone, and $11.4 billion across 2025, making it the company’s strongest revenue driver.